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STB Approves Transaction That Creates New CPKC-CSX Class I Connection Linking Mexico, Texas and the U.S. Southeast - CSX (NASDAQ:CSX), Canadian Pacific Kansas (NYSE:CP)

Summary by Benzinga
JACKSONVILLE, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- CSX Corporation (NASDAQ:CSX) (CSX), Canadian Pacific Kansas City (TSX:CP) (NYSE:CP) (CPKC), and Genesee & Wyoming Inc. (G&W) today said the Surface Transportation Board (STB) has approved CSX's and CPKC's respective applications regarding their acquisition of the rail lines operated by G&W's Meridian & Bigbee Railroad, L.L.C. (MNBR), which will result in the creation of a new direct CPKC-CS…
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